What we do?
We have developed the world's first method and format for digitalizing scents and storing the data in NFTs, allowing for data transmission. As a result, users can download scents just like they would download MP3 files.
What are we doing?
We are promoting the digital transformation of the fragrance industry by developing the world's first scent-based NFTs. Users can download digitalized scent recipe data on their smartphones and use a dedicated diffuser to synthesize the scent.
What kind of world are we trying to create?
We aim to create a world where the purchase and enjoyment of scents are digitalized, allowing users to easily experience various fragrances without having to visit physical stores. Additionally, we propose scent content for the entertainment industry and strive to create new value.
What challenges are we trying to solve?
The challenges we are trying to solve include the slow digital transformation of the fragrance industry, which prevents us from bringing convenience and new value to the purchase and enjoyment of scents. Furthermore, we also aim to address copyright management issues within the fragrance industry.
What are the solutions to these challenges?
Our solutions involve digitalizing and turning scent data into NFTs, enabling users to download digitalized scent recipe data on their smartphones and use a dedicated diffuser to synthesize the scent. We also adopt Web3 technology to solve copyright management issues.
What is a scent NFT?
A scent NFT is a non-fungible token (NFT) that stores digitalized scent recipe data using blockchain technology, proving its ownership. This makes copyright management of scents easier and enables digital transactions and sharing of scents.
Why are we using NFT and blockchain technology?
We use NFT and blockchain technology because it can clearly prove the ownership of digital assets. NFTs are unique and cannot be replicated, clarifying the exact owner of the digitalized scent recipe data. Additionally, blockchain technology is decentralized and highly secure, preventing data tampering and unauthorized access. This simplifies copyright management in the fragrance industry and enables safe and efficient digital transactions. Moreover, using blockchain technology makes the transaction history and transfer of ownership for scents transparent, improving trustworthiness. For these reasons, we believe that NFT and blockchain technology are well-suited for the digital transformation of the fragrance industry.